Institutional traders favour Bitcoin and Ethereum while whales eye this new AI crypto

In the crypto world, there’s a noticeable shift in how big investors are playing the game. Institutional traders are increasingly leaning towards Bitcoin and Ethereum as safer choices, as shown by a recent Bybit Research report.  Meanwhile, the big players, or ‘whales’, are getting more interested in a new AI cryptocurrency ICO, signalling a change […]

Grayscale files to convert its Ethereum Trust into a spot Ethereum ETF

Grayscale is seeking for SEC’s approval to convert its Ethereum Trust to an Ethereum ETF. Grayscale’s Ethereum Trust manages nearly $5 billion in Ethereum assets. Transition to spot ETF offers direct and regulated cryptocurrency exposure. Grayscale Investments, a global leader in digital asset investment, is making headlines again as it seeks approval from the US […]

Why is Ethereum outperforming Bitcoin since the Merge?

Key Takeaways Ever since the Merge went live in September, Ether has underperformed Bitcoin significantly  This is despite the supply of Ethereum falling post-Merge More Ether is also being staked since the Shapella upgrade in April  Demand has fallen with regard to Bitcoin, however, overriding the lower supply Regulatory crackdown and greater institutional interest in […]

Helium surges as Bitcoin and Ethereum hover at key levels

Helium rose double digits as did 1inch and NEM after US inflation data  Bitcoin price on the other hand touched $31k on Coinbase and Ethereum hovered near $1.9k. Consumer prices rose 0.2% month-over-month and 3% year-over-year in June. Bitcoin moved slightly higher on Wednesday after stock markets reacted positively to the latest US inflation data. […]

Why is Ethereum falling against Bitcoin? Maxis loudly celebrate but miss the point

Key Takeaways Ethereum has fallen against Bitcoin thus far this year This is unusual as the market has risen, and altcoins tend to outperform Bitcoin in bull markets Nonetheless, Bitcoin maxis represent everything that is and about the space, writes our Analyst Dan Ashmore Their celebrations also forget the fact that Ethereum has still crushed […]

Why is Ethereum being outperformed by Bitcoin? Historical pattern changing in 2023

Key Takeaways Ethereum has historically outperformed Bitcoin in bull runs The pattern has flipped to start the year, with Bitcoin dominance rising  Our Analyst Dan Ashmore jumps on-chain to look through history, and show how and why the pattern is changing The Flippening, huh? Nothing incites debate within crypto circles quite like it.  Referring to […]

Ethereum (ETH/USD) price heading to $16,000? What could happen next

Ethereum recovered by more than 4% on Monday The cryptocurrency has maintained an uptrend A break above $1,250 sets ETH to $16,000 with short-term corrections at $1,350 and $1,450 Relief rallies are here, and even before we go further, Ethereum (ETH/USD) is back above $1,300. To a crypto native, this price level should inform you that […]